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Babel: Translating the Middle East

Analysis: Saudi Arabia's Economic Plans Stumble

4 min • 19 november 2024

One pillar of Saudi Arabia’s ambitious Vision 2030 development plan is NEOM, a land development, tourism, and model city project that is projected to cost at least a half a trillion dollars. Last week, NEOM’s CEO left suddenly. Asher Grant-Sasson speaks with Jon Alterman, director of the CSIS Middle East Program, about NEOM, its challenges, and Saudi Arabia’s economic future. 

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